Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Arnold, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Arnold, CA provides a financial boost to eligible homebuyers in Arnold, CA, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Arnold, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Arnold, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Arnold, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Arnold, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Arnold, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Arnold, CA.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Arnold, CA. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Arnold, CA and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
Benefits An FHA Down Payment Assistance Home Loan in Arnold, California, provides qualified homebuyers with the opportunity to purchase a house with a lower down payment requirement, making homeownership more accessible. Additionally, these loans offer competitive interest rates and flexible qualification guidelines, making them ideal for first-time homebuyers and those with less-than-perfect credit. Furthermore, FHA loans allow for higher debt-to-income ratios, making it easier for borrowers to qualify for a loan amount that suits their budget. Demographics Arnold, California, is a small town located in Calaveras County. The area has a population of approximately 3,843 residents, with a median household income of $59,722. The town has a diverse community, with a mix of families, retirees, and young professionals, creating a vibrant and welcoming atmosphere. Housing Market The housing market in Arnold offers a variety of options, from cozy cabins to spacious family homes. The median home value in Arnold is $314,564, making it an affordable option for those looking to buy a home. With the assistance of FHA loans, homebuyers can take advantage of the low down payment requirements and competitive interest rates to find their perfect home in Arnold. Main Attractions Arnold is known for its natural beauty and outdoor recreational opportunities. Visitors and residents can enjoy activities such as hiking, fishing, and skiing in the nearby Sierra Nevada mountains. The town also features charming local shops, restaurants, and community events, offering a perfect blend of small-town charm and modern conveniences.
Benefits of FHA Down Payment Assistance Home Loan in Arnold, California
